Mastercard has collaborated with MoonPay in launching stablecoin-tethered cards that are set to redefine how money is transacted in the world. Mastercard cards linked with stablecoin balances are now accepted in more than 150 million places around the globe.
However, the cards automatically convert stablecoins into local currency at checkout, helping users spend crypto simply and familiarly. This partnership uses Iron’s API-powered stablecoin infrastructure, which MoonPay acquired in March, to support faster and more secure payment options.
It also helps businesses and fintech firms turn crypto wallets into digital bank accounts for smooth global transactions. This move supports creators, contractors, and gig workers by enabling direct stablecoin payouts across borders.
Neobanks and other financial platforms can now manage disbursements more efficiently with the help of Mastercard’s global payment network and MoonPay’s stablecoin system. These coins become usable in everyday life, from a local store in Asia to a supplier transaction in Europe.
Mastercard bridge digital and real spending
However, enterprises and merchants now have the chance to adopt a faster and more reliable payment option that bridges digital assets with real-world spending. This will help reduce delays and fees in international transactions, giving businesses more control and flexibility.
Through its integration on over 500 top crypto platforms, MoonPay reaches over 100 million active users of cryptocurrencies around the globe. Approximately 20 million wallets in crypto already make monthly payments with stablecoins, and 120 million users have coin assets worldwide.
This significant user base indicates the rate at which stablecoins are being integrated into everyday financial needs. Mastercard and MoonPay are seeking to fulfill this need with a secure means of spending these coins worldwide.
Nonetheless, their partnership is a turning point in digital payments by bridging the gap between crypto and traditional financial platforms. Through this move, Mastercard further strengthens its digital asset play, allowing users and businesses alike to spend stablecoins anywhere.
